Massachusetts Energy Incentives Programs

Massachusetts Energy Incentives Programs Our mission is to make the world better through cost-effective and user-friendly solar energy.

The only barrier between you and bright life is your hesitation.
12/11/2022

The only barrier between you and bright life is your hesitation.

We don't have to live like this. Enjoy our life where the sun can bring energy directly to us.
12/11/2022

We don't have to live like this. Enjoy our life where the sun can bring energy directly to us.

We can surely enjoy an energy-abundant life under the blue sky. Air pollution should not have been part of modern life.
12/11/2022

We can surely enjoy an energy-abundant life under the blue sky. Air pollution should not have been part of modern life.

When you wake up every day, the sun brings you perfect sunny day.
12/11/2022

When you wake up every day, the sun brings you perfect sunny day.

12/11/2022

IS SOLAR SAFE?

Absolutely! All solar panels meet international inspection and testing standards, and a qualified installer will install them to meet local building, fire, and electrical codes. Also, your solar energy system will undergo a thorough inspection from a certified electrician as part of the installation process.

--Energy.gov

12/11/2022

HOW WILL SOLAR IMPACT THE RESALE VALUE OF MY HOME?

Buying a solar energy system will likely increase your home’s value. A recent study
http://newscenter.lbl.gov/2015/11/12/premium-for-solar-homes/
found that solar panels are viewed as upgrades, just like a renovated kitchen or a finished basement, and home buyers across the country have been willing to pay a premium of about $15,000 for a home with an average-sized solar array. Additionally, there is evidence homes with solar panels sell faster than those without. In 2008, California homes with energy efficient features and PV were found to sell faster than homes that consume more energy. Keep in mind, these studies focused on homeowner-owned solar arrays.

When it comes to third-party owned (TPO) systems, data shows
https://eta-publications.lbl.gov/sites/default/files/lbnl-1003917.pdf
that while they add some complexity to the real estate transaction, the overall impacts in terms of sales price, time on market, agreement transfers, and customer satisfaction are mostly neutral. In some cases, TPO systems can even add value.

The PV Value®
https://www.pvvalue.com/
tool is helpful for both home sellers and homebuyers. It calculates the energy production value for a PV system and is compliant with Uniform Standards of Professional Appraisal Practice and has been endorsed by the Appraisal Institute for the income approach method. Make sure your appraiser uses this tool to get the most accurate estimate of your PV system’s value.

--Energy.gov

12/11/2022

HOW CAN I FIND STATE INCENTIVES AND TAX BREAKS THAT WILL HELP ME GO SOLAR?

DOE created the Homeowner's Guide to the Federal Tax Credit for Solar Photovoltaics
https://www.energy.gov/eere/solar/homeowners-guide-federal-tax-credit-solar-photovoltaics
to provide an overview of the federal investment tax credit for those interested in residential solar photovoltaics, or PV. It does not constitute professional tax advice or other professional financial guidance. And it should not be used as the only source of information when making purchasing decisions, investment decisions, or tax decisions, or when executing other binding agreements.

DSIRE is the most comprehensive source of information on incentives and policies that support renewable energy in the United States. It is operated by the N.C. Clean Energy Technology Center at N.C. State University and was funded by the U.S. Department of Energy. By entering your zip code, DSIRE provides you with a comprehensive list of financial incentives and regulatory policies that apply to your home. Additionally, an experienced local installer should be able to assist you in claiming any state and local incentives, as well as the ITC.

If you want to learn more about state and federal solar policies regarding incentives and tax breaks, the Solar Power in Your Community guidebook (PDF)
https://www.energy.gov/sites/default/files/2022-06/Solar%20Power%20in%20Your%20Community%20Guidebook.pdf
has a section—Appendix A on page 87—that explains it in detail.

--Energy.gov

12/11/2022

Can I get financing for solar?

Consumers have different financial options to select from when deciding to go solar. In general, a purchased solar system can be installed at a lower total cost than system installed using a solar loan, lease, or power purchase agreement (PPA).

If you prefer to buy your solar energy system, solar loans can lower the up-front costs of the system. In most cases, monthly loan payments are smaller than a typical energy bill, which will help you save money from the start. Solar loans function the same way as home improvement loans, and some jurisdictions will offer subsidized solar energy loans with below-market interest rates, making solar even more affordable. New homeowners can add solar as part of their mortgage with loans available through the Federal Housing Administration and Fannie Mae, which allow borrowers to include financing for home improvements in the home’s purchase price. Buying a solar energy system makes you eligible for the Solar Investment Tax Credit, or ITC. In December 2020, Congress passed an extension of the ITC, which provides a 26% tax credit for systems installed in 2020-2022, and 22% for systems installed in 2023. The tax credit expires starting in 2024 unless Congress renews it.

Learn more about the ITC.
https://www.energy.gov/eere/solar/articles/federal-solar-tax-credit-resources

Solar leases and PPAs allow consumers to host solar energy systems that are owned by solar companies and purchase back the electricity generated. Consumers enter into agreements that allow them to have lower electricity bills without monthly loan payments. In many cases, that means putting no money down to go solar. Solar leases entail fixed monthly payments that are calculated using the estimated amount of electricity the system will produce. With a solar PPA, consumers agree to purchase the power generated by the system at a set price per kilowatt-hour of electricity produced. With both of these options, though, you are not entitled to tax benefits since you don’t own the solar energy system.

Navigating the landscape of solar financing can be difficult. The Clean Energy States Alliance released a guide to help homeowners understand their options, explaining the advantages and disadvantages of each.

Download the guide.
http://www.cesa.org/assets/2015-Files/Homeowners-Guide-to-Solar-Financing.pdf

--Energy.gov

12/11/2022

Can I install solar myself?

Right now, the best way to install solar is through a qualified professional who holds a certification to do so and works with high-quality solar panels. The industry-standard certification is awarded through the North American Board of Certified Energy Practitioners (NABCEP).

--Energy.gov

12/11/2022

How do I start the process of going solar?

There are a number of mapping services that have been developed by SETO awardees that will help you determine if your roof is suitable for solar and can even provide you with quotes from pre-screened solar providers in your area. In addition to those resources, an internet search can help you find local companies that install solar panels. Because you will likely have many options to choose from, it’s important to thoroughly read reviews of solar companies to make sure you are selecting the best fit for you and your home.

Solar co-ops and Solarize campaigns can also help you start the process of going solar. These programs work by allowing groups of homeowners to work together to collectively negotiate rates, select an installer, and create additional community interest in solar through a limited-time offer to join the campaign. Ultimately, as the number of residents who participate in the program increase, the cost of the installations will decrease.

--Energy.gov

12/11/2022

Is my home suitable for solar panels?

Solar panels are built to work in all climates, but in some cases, rooftops may not be suitable for solar systems due to age or tree cover. If there are trees near your home that create excessive shade on your roof, rooftop panels may not be the most ideal option. The size, shape, and slope of your roof are also important factors to consider. Typically, solar panels perform best on south-facing roofs with a slope between 15 and 40 degrees, though other roofs may be suitable too. You should also consider the age of your roof and how long until it will need replacement.

If a solar professional determines that your roof is not suitable for solar, or you don’t own your home, you can still benefit from solar energy. Community solar allows multiple people to benefit from a single, shared solar array that can be installed on- or off-site. Costs associated with purchasing and installing a solar energy system are divided among all of the participants, who are able to buy into the shared system at a level that best fits their budget. Learn more about community solar.

Those interested in community solar can take advantage of a tool from SETO awardee EnergySage. The company's Community Solar Marketplace aggregates the many available options in one place and standardizes project information, allowing interested consumers to easily locate and compare multiple community solar projects in their area.

--Energy.gov

What are solar energy soft costs and why do they matter? Soft costs are the non-hardware costs associated with going sol...
12/11/2022

What are solar energy soft costs and why do they matter? Soft costs are the non-hardware costs associated with going solar. These costs include permitting, financing, and installing solar, as well as the expenses solar companies incur to acquire new customers, pay suppliers, and cover their bottom line. These soft costs become a portion of the overall price a customer pays for a solar energy system. While solar hardware costs have fallen in recent years, soft costs represent a growing share of total solar system costs. Because there are so many contributing factors, these costs can be hard to pinpoint and require a variety of solutions.

--Energy.gov

Here's the general breakdown of the solar power cost

Address

Springfield, MA

Opening Hours

Monday 9am - 6pm
Tuesday 9am - 6pm
Wednesday 9am - 6pm
Thursday 9am - 6pm
Friday 9am - 6pm

Website

Alerts

Be the first to know and let us send you an email when Massachusetts Energy Incentives Programs posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category